We performed a comparison between MEGA HOPEX and SAP BusinessObjects GRC based on real PeerSpot user reviews.
Find out in this report how the two GRC solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."The initial setup was straightforward. With configuration, customizing or prepping the data and deployment, it took about one year to set up. We only needed two people to deploy and maintain the solution: one business architect and someone who specializes in customization and operations."
"MEGA offers a more integrated GRC platform to facilitate enhanced coordination between the functions of Risk, Compliance, and Internal Audit on a single platform solution - HOPEX."
"The solution is scalable. If a company needs to expand it, it's completely possible to do so."
"The most valuable feature for this solution is the automatic updating and propagation of changes across the system."
"This is a complete package with all of the functionality that we need."
"We have many use cases for this solution but the feature I have found most valuable is the IT Portfolio Management module."
"We use the portfolio management feature heavily."
"HOPEX has a panel that offers various views. I think that is very good. MEGA has an app for integrating with a lot of apps. We help our clients integrate HOPEX with a different product like Apple Gateway, for example. I've been with the company for 15 years, and we connect with everything. Our clientele includes almost all of the banks in Mexico."
"The best features are the scalability and flexibility to implement applications on top of the BW."
"Initial setup was straightforward. It took maybe one week."
"It is wonderful from the control perspective. The GRC tools help you in knowing what are the risk controls, how to mitigate risks, and how to ensure that there are no conflicts between the roles. From the user perspective, you get to know what are the permission risks and access risks. You get a lot of useful information."
"The tool helps create reports for projects, including the creation of any ad-hoc reports"
"We have enterprise clients for the product."
"The features are limited. I'm hoping in the future the solution will be bigger and include more items. Right now, overall, it needs more."
"Better documentation and training would be helpful."
"Needs a friendlier import/export to other modeling tools."
"The product must improve integration with other tools."
"Standardization is lacking. The Operational Risk Function will be more effective if it at a default level follows established Basel standards for Loss categorization, Risk Assessments, Risk Event categorization, etc."
"I would like to see more regular updates released."
"We have a very close relationship with MEGA representatives in Mexico, and we ask them why they don't offer impact analysis. For example, we have a server in the center and provide the client a view of what's in the peripheral area, like one cluster, application, process area, and services. We want to offer our clients that level of visibility with HOPEX."
"The tool's UI should be more user-friendly."
"I think the old system is better than the new one. From an improvement perspective, the tool needs to ensure that the new technologies it offers are better than the old ones."
"BusinessObjects is very dated. It is not that user-friendly. It should be made more user-friendly. In addition, if they could make predictive analytics an embedded part of it where people get to know what is there to offer, it would be great."
"Technical support could be better and faster."
"We cannot actively log in to the system. It should also improve support."
"An additional feature I would like to see is the option to add wait time and integrate sources in wait time."
MEGA HOPEX is ranked 4th in GRC with 36 reviews while SAP BusinessObjects GRC is ranked 10th in GRC with 5 reviews. MEGA HOPEX is rated 7.8, while SAP BusinessObjects GRC is rated 7.6. The top reviewer of MEGA HOPEX writes "Easy to use and robust with good features". On the other hand, the top reviewer of SAP BusinessObjects GRC writes "Improved our organization's reporting culture and has given us insights into operational results". MEGA HOPEX is most compared with Sparx Systems Enterprise Architect, LeanIX, ARIS BPA, Visio and Avolution ABACUS, whereas SAP BusinessObjects GRC is most compared with Greenlight Continuous Monitoring, RSA Archer, Security Weaver, IBM OpenPages and Oracle GRC Controls. See our MEGA HOPEX vs. SAP BusinessObjects GRC report.
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